Leveraging cost behavior and analysis to increase the absorptive capacity of engineers in manufacturing firms.

• In Event: Emerging and Innovative Research Session

Abstract

The purpose of this study is to explore whether or not engineers in manufacturing firms can increase their absorptive capacity and thus there appreciation for strategic cost management structures through internal information sharing and provision. Information sharing means that specific cost and cost management data and knowledge would be shared by and between purchasing, accounts payable, other accountants, engineers and production staff. The point of this theory is that engineers will develop the ability to acquire new knowledge and apply them to their work. Therefore, the overarching question on which this study is based is: Can manufacturing engineers increase their absorptive capacity as it relates to an understanding of strategic cost management?

Author

• Sandria S Stephenson, Southern Polytechnic State University